Flexible Spending Accounts (FSA)

What is a Flexible Spending Account (FSA)?

A Flexible Spending Account (FSA) allows consumers to deduct pre-tax dollars from their paychecks and deposit those funds in employer-sponsored accounts to pay for medical expenses. Consumers then submit expense receipts to healthcare administrators for reimbursement.

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Warnings

Magnetic products should not be worn next to a watch as the magnets may drain the battery. Do not use magnetic products during pregnancy, or if you have an electrical implant such as a pacemaker. Consult with your doctor if you have any questions and continue with regular medical care.